Hansen Shares Views with Audiences in Asia

Becker Friedman Institute Research Director Lars Peter Hansen gave eight talks at six universities in four Asian cities during two weeks in June, speaking to varied audiences on uncertainty, economic shocks and recovery, risk, and financial reform.

He shared his views on these topics even more globally with interviews on CNBC about uncertainty in economic policy and fostering growth in China.

In Shanghai, he gave a keynote speech for faculty and students at Jiaotong University. Another keynote for business leaders and journalists at China Europe International Business School was followed by panel discussion on financial reform and risk control.

He spoke with students and faculty at Zhejiang University on June 20, then gave a keynote talk on “Uncertainty, Valuation and Policy” at the Academy of Financial Research Summer Institute of Economics and Finance.

About 200 alumni and friends of the University of Chicago took advantage of the opportunity to hear Hansen discuss the consequences of uncertainty at a reception in Hong Kong hosted by University trustee Francis F.T. Yuen, AB’75.

At the Hong Kong University of Science and Technology Summer Workshop, he presented a paper coauthored with Jaroslav Borovička and José Scheinkman on shock elasticities and impulse responses.

Then Hansen was off to Beijing for the FERM International Symposium on Financial Engineering and Risk Management. He gave a talk titled “Misspecified Recovery” on June 27. Later that day he spoke on “Uncertainty Outside and Inside Economic Models” at Capital University of Business and Economics.

Throughout the trip, Hansen reported, he met and talked with many researchers in his field and was impressed with the high quality of economic scholarship, particularly from young economists. “Human capital development is clearly making great advances in China. There are some really talented scholars and great work emerging there.”